π±π» Latvia
LV / LVA #122
Nomad Score
62.0
Cities
9
Region
European Union,
Baltic States,
Remote Work Friendly Countries,
Coworking Hotspots,
Nomad Visa Countries,
Europe,
Europe,
Northern Europe
Currency
EUR
π±π» LATVIA TAX PROFILE
Data year: 2025
Tax System
Worldwide
CIT only on distributions/deemed distributions (similar to Estonia).
CIT only on distributions/deemed distributions (similar to Estonia).
Top PIT Rate
33.0%
Corporate Tax Rate
20.0%
(distributions only)
PVN
21.0%
Capital Gains Tax
20.0%
20% flat. Real estate gains also 20%.
20% flat. Real estate gains also 20%.
Social Security (Employee)
10.5%
Social Security (Employer)
23.6%
Dividend Withholding
20.0%
Interest Withholding
20.0%
Royalty Withholding
20.0%
Treaty Count
63
Participation Exemption
π INCOME TAX BRACKETS
Personal income
| Bracket Min | Bracket Max | Rate % | USD Equivalent |
|---|---|---|---|
| EUR 0 | EUR 105,300 | 25.5% | -- |
| EUR 105,300 | and above | 33.0% | -- |
π TAX RESIDENCY
Days Threshold
183 days
Residency Rules
Resident if declared domicile or present 183+ days in any 12-month period in Latvia
Exit Tax
No
CFC Rules
Yes
CFC rules under ATAD implementation
CFC rules under ATAD implementation
π
FILING INFORMATION
Fiscal Year
01-01 β 12-31
Filing Deadline
June 1
π SOURCES
-
PwC Latvia Tax Summary
(accessed Mar 23, 2026)
PIT, CIT, PVN, social security
π RELATED
π§ CONTINUE EXPLORING LATVIA